Lesson 12

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March 2, 2015 at 11:48 am  •  Posted in s15-busad360 by  •  0 Comments

Mon, Mar 2

Review:

Presentation:

  • Blog Check 2: Lessons 5-12 due Mon, Mar 9 at 11am
  • Exam 2
    • Part 1 (take home): Pueblo Real Estate Regression Model (details in next class)
    • Part 2 (in-class): Wed, Mar 11 and Thu, Mar 12th
  • Indicator (dummy) variables

Assignment:

  • Use the Manufacturing data (from Problem 1 on p. 549)
    • Create indicator variables using the “Value of Indus. Shipmnts” field, coded from 1 to 4.
    • Rerun your regression model including the Indicator variables.
    • Post regression output to your blog and describe the impact of the Indicator variables.
  • Use the Annual Food Spending data (from Problem 4 on p. 549)
    • Create indicator variables using the “Region” and “Location” fields
    • Rerun your regression model including the Indicator variables.
    • Post regression output to your blog and describe the impact of the Indicator variables.

Reading:

  • Ch 14 p. 566-569 Indicator (Dummy) Variables

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